CHS Chrysalis

 

TIDMCHS 
 
RNS Number : 3044W 
Chrysalis PLC 
17 November 2010 
 

17 November 2010 
 
 
 
Chrysalis PLC 
              Welcomes Beatles Availability at Apple iTunes Store 
 
Chrysalis PLC ("Chrysalis" or "the Group"), the leading independent music 
publisher, is poised to generate additional producer royalties from The Beatles 
following this week's decision to make the band's legendary catalogue available 
at the Apple iTunes Store for the first time. 
 
The Group now anticipates increased demand for The Beatles' digitally 
re-mastered catalogues, for which Chrysalis holds George Martin's producer 
master rights. 
 
Jeremy Lascelles, Chief Executive, said: "The world has been waiting for this 
for some time. The Beatles catalogue is arguably the greatest body of recorded 
music in the popular music canon, and it continues to re-generate itself on a 
regular and consistent basis. Last year it was the digital re-mastering 
campaign, and now we can look forward to the catalogue being available on iTunes 
for the first time." 
 
As previously announced, Chrysalis expects benefits from the digital 
re-mastering of the entire Beatles back catalogue to come through in 2010, along 
with royalties associated with 'The Beatles Rock Band' video game, for which The 
Group has high hopes. 
 
"Monetising the opportunities for the music publishing business in the digital 
environment is an important part of the Group's growth strategy," added Mr 
Lascelles. 
 
Chrysalis will announce its preliminary results on 16 December 2010. 
 
+------------+-----------------+-----------------+----------------+ 
| Enquiries: |                 |                 |                | 
+------------+-----------------+-----------------+----------------+ 
|            |                 |                 |                | 
+------------+-----------------+-----------------+----------------+ 
| Chrysalis  | Jeremy          | Chief Executive | 020 7465 6179  | 
| PLC        | Lascelles       | Officer         |                | 
+------------+-----------------+-----------------+----------------+ 
|            | Andy Mollett    | Group Finance   | 020 7465 6321  | 
|            |                 | Director        |                | 
+------------+-----------------+-----------------+----------------+ 
|            |                 |                 |                | 
+------------+-----------------+-----------------+----------------+ 
| Brunswick  | Tim Burt/Dania  |                 | 020 7404 5959  | 
|            | Saidam          |                 |                | 
+------------+-----------------+-----------------+----------------+ 
 
ABOUT CHRYSALIS PLC 
Chrysalis PLC is an independent music company.  The Group's principal areas of 
business comprise: Chrysalis Music Publishing which includes the Group's 
international network of music publishing companies, whose purpose it is to 
exploit and grow Chrysalis's rich catalogue of music copyrights; Chrysalis Non 
Music Publishing, which is made up of The Echo Label, a copyright exploitation 
company; Chrysalis Copyrights, the owner of certain Master recordings and 
Flatiron Management, an artist management company.  Chrysalis PLC also owns 
Lasgo Chrysalis, a UK-based wholesale entertainment product distribution 
business which serves both domestic and overseas wholesale, retail and 
entertainment markets with CD, DVD and book products. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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